Dimensional Fund Advisors Portfolio holdings
Dimensional Fund Advisors (DFA), founded in 1981 by David Booth and Rex Sinquefield and headquartered in Austin, Texas, is an investment management firm renowned for its evidence-based, low-cost approach to investing, grounded in academic research from Nobel laureates like Eugene Fama and Kenneth French. Managing hundreds of billions in assets, DFA focuses on systematic, passive strategies that tilt toward factors like small-cap, value, and profitability stocks, primarily through mutual funds and institutional portfolios rather than retail brokerage services. The firm’s philosophy eschews market timing and stock picking, instead emphasizing diversification and efficient market exposure, often requiring investors to access its funds through approved financial advisors. With a global presence and a reputation for disciplined, data-driven investing, DFA has carved a unique niche in the industry, blending academic rigor with practical application.
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
ESRX
Express Scripts Holding Company
ESRX
|
+$124M |
| 2 |
Chevron
CVX
|
+$76.2M |
| 3 |
Ambev
ABEV
|
+$75.7M |
| 4 |
Freeport-McMoran
FCX
|
+$70.6M |
| 5 |
APA Corp
APA
|
+$60.1M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
GE Aerospace
GE
|
+$324M |
| 2 |
SFD
SMITHFIELD FOODS,INC
SFD
|
+$117M |
| 3 |
BZ
BOISE INC COM STK (DE)
BZ
|
+$108M |
| 4 |
STEI
STEWART ENTERPRISES INC CL-A
STEI
|
+$88.5M |
| 5 |
SKS
SAKS INCORPORATED
SKS
|
+$78.6M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 19.45% |
| 2 | Industrials | 13.27% |
| 3 | Energy | 11.09% |
| 4 | Technology | 9.75% |
| 5 | Consumer Discretionary | 8.67% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
MON
476
DELISTED
Monsanto Co
MON
| $62.5M | 0.05% |
536,421
+8,170
| +2% | +$892K |
|
477
Costco
COST
$429B
| $62.2M | 0.05% |
522,950
+11,782
| +2% | +$1.41M |
|
478
1st Source
SRCE
$2.18B
| $62.2M | 0.05% |
2,141,739
+88,350
| +4% | +$2.46M |
|
|
ADT
479
DELISTED
ADT Corp
ADT
| $62.1M | 0.05% |
1,533,527
-12,771
| -0.8% | -$525K |
|
480
Worthington Enterprises
WOR
$2.82B
| $61.9M | 0.05% |
2,385,740
-369,086
| -13% | -$9.16M |
|
|
CS
481
DELISTED
Credit Suisse Group
CS
| $61.7M | 0.05% |
1,986,404
-11,187
| -0.6% | -$339K |
|
482
United Fire Group
UFCS
$1.35B
| $61.7M | 0.05% |
2,151,163
+846
| +0% | +$25.3K |
|
|
PPLI
483
People Inc
PPLI
$3.13B
| $61.5M | 0.05% |
5,012,053
-8,913
| -0.2% | -$91.9K |
|
484
Griffon
GFF
$4.29B
| $61.4M | 0.05% |
4,650,342
+46,531
| +1% | +$594K |
|
485
Essex Property Trust
ESS
$18.9B
| $61.4M | 0.05% |
427,822
+22,922
| +6% | +$3.52M |
|
486
Booking.com
BKNG
$154B
| $61.3M | 0.05% |
1,319,550
+27,225
| +2% | +$1.21M |
|
|
AEGN
487
DELISTED
Aegion Corp
AEGN
| $61.2M | 0.05% |
2,794,949
+73,313
| +3% | +$1.59M |
|
488
Moog Inc Class A
MOG.A
$13.1B
| $61M | 0.05% |
897,953
+3,604
| +0.4% | +$227K |
|
|
FTR
489
DELISTED
Frontier Communications Corp.
FTR
| $60.8M | 0.05% |
871,740
+135,290
| +18% | +$9.25M |
|
|
AYR
490
DELISTED
Aircastle Ltd
AYR
| $60.5M | 0.05% |
3,157,400
-278,584
| -8% | -$5.16M |
|
491
Toll Brothers
TOL
$14.5B
| $60.4M | 0.05% |
1,633,708
-23,373
| -1% | -$775K |
|
|
SWC
492
DELISTED
Stillwater Mining Co
SWC
| $60.4M | 0.05% |
4,896,505
+264,086
| +6% | +$2.98M |
|
|
MGLN
493
DELISTED
Magellan Health Services, Inc.
MGLN
| $60.4M | 0.05% |
1,008,550
+143,955
| +17% | +$8.6M |
|
|
NBL
494
DELISTED
Noble Energy, Inc.
NBL
| $60.4M | 0.05% |
887,161
-13,206
| -1% | -$935K |
|
495
Caterpillar
CAT
$387B
| $60.3M | 0.05% |
663,658
+8,190
| +1% | +$699K |
|
496
Aflac
AFL
$65.9B
| $60.2M | 0.05% |
1,803,470
+89,312
| +5% | +$2.93M |
|
|
BRFS
497
DELISTED
BRF SA
BRFS
| $60.2M | 0.05% |
2,883,434
+9,238
| +0.3% | +$212K |
|
498
Manhattan Associates
MANH
$9.95B
| $60.1M | 0.05% |
2,046,312
+9,488
| +0.5% | +$261K |
|
|
S
499
DELISTED
Sprint Corporation
S
| $60M | 0.05% |
5,581,194
-1,665,791
| -23% | -$12.5M |
|
500
Sony
SONY
$133B
| $60M | 0.05% |
17,346,710
+500
| +0% | +$1.85K |
|
Similar funds
Dimensional Fund Advisors's Q4 2013 Portfolio in Review
As of Q4 2013, Dimensional Fund Advisors held 3,623 positions worth $128B, up 11% from $116B the previous quarter. Its ten largest holdings account for 8.3% of the portfolio.
Trading was light in Q4 2013: portfolio turnover was 3.4%. Dimensional Fund Advisors opened 41 new positions and exited 82, leaving the 3,623-position portfolio largely intact.
By sector, the portfolio is most concentrated in Financials at 19% of assets, up from 19% a quarter earlier, followed by Industrials and Energy.
- Dimensional Fund Advisors's largest Q4 2013 buy was Ambev: 10,360,938 shares worth $76.2M.
- Dimensional Fund Advisors added most to Express Scripts Holding Company in Q4 2013, an estimated $124M increase.
- Dimensional Fund Advisors's biggest Q4 2013 reduction was GE Aerospace, cutting an estimated $324M.
- Dimensional Fund Advisors fully exited SMITHFIELD FOODS,INC in Q4 2013, selling an estimated $117M.
- Dimensional Fund Advisors's ten largest holdings make up 8.3% of its $128B portfolio in Q4 2013.
- Dimensional Fund Advisors opened 41 new positions and closed 82 in Q4 2013.
- Dimensional Fund Advisors's portfolio value rose 11% quarter-over-quarter to $128B.
Based on Dimensional Fund Advisors's 13F filing for Q4 2013, filed 12 Feb 2014.